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Investment has the following range of outcomes and probabilities. Outcomes (Percent) Probabilities of Outcomes 5% .25 7% .50 12% .25 Calculate the expected value and

Investment has the following range of outcomes and probabilities. Outcomes (Percent) Probabilities of Outcomes 5% .25 7% .50 12% .25 Calculate the expected value and the standard deviation.

DO NOT COPY FROM CHEGG I NEED A FULL EXPLANATION

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